Intel TV Venture Could Be Headed to Verizon

Intel had ambitious plans to build an online version of cable television. But it ran into the harsh realities of being a new entrant in a highly competitive pay-TV business where scale matters.

Now, the company is in talks to sell all or part of its TV venture to Verizon Communications, according to a person familiar with the matter. It isn’t clear whether that deal will be consummated or how it would be structured, the person said.